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Marlborough reports $3.6M balance, $2.09M available cash in February figures
Summary
The Board received the treasurer's report showing a 1/31/2025 balance of $3,599,982.86 and available cash of $2,094,069.39 after restricted accounts; Trustees approved the report by voice affirmation.
The treasurer presented February 2025 financial figures showing a beginning balance on 1/31/2025 of $3,555,438.06, receipts of $107,928.10, disbursements of $63,383.30 and a closing balance of $3,599,982.86. The minutes list restricted amounts for lateral sewer ($21,062.67), capital improvements ($893,521.43), storm water ($1,066,811.31), ARPA ($112,350.00) and court funds ($323.98), leaving available cash of $2,094,069.39.
Trustees Fulton and Boergadine moved and seconded acceptance of the treasurer's report and the Board approved it by voice affirmation. The minutes do not state which official prepared the report or provide line-item budgets beyond the summary totals.
